News about China

More / Bitcoin Reddit - 2 months ago

US vs China, who is printing more fiat money?

I see from TradingView's data, in the past 20 years, the USD M2 was increasing at about 7% per year. And the CNY M2 was increasing at 15% per year. Looks like China is printing fiat even faster than the US! It's M2 absolute value is already b...

More / Bitcoin Reddit - 2 months ago

Bitcoin to benefit from China liquidity

China has finally pulled the trigger on a big stimulus package. Although bitcoin trading in China is prohibited, the liquidity should flow eventually into Bitcoin. submitted by /u/Electronic-Fun9129 [link] [comments]

More / Bitcoin Reddit - 2 months ago

China is gonna send BTC to moon.

Chinese gov planned to release >1 trillion USD liquidity to both stock and consumer market in order to solve the deflation problem that China is facing. Just this month, more than 100 billion USD got released by the central bank of China. This act...